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244d 2h ago

Bitcoin Thunderbolt Advances with Tessel Compiler Accepted at SBC’25 Blockchain Conference

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

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Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG announced on June 10 the acceptance of the research paper titled “Tessel: An Optimized Compiler for Cryptographic Circuits” at the prestigious SBC’25 blockchain conference. The study, a collaboration among experts from the University of California, Santa Barbara, University of Illinois Urbana-Champaign, University of Toronto, and the Nubit team, presents significant advancements in compiler optimization for cryptographic circuits. This innovation underpins enhanced on-chain verification mechanisms, crucial for protocols such as Bitcoin Thunderbolt, by streamlining transaction processing on Bitcoin’s native blockchain. The paper highlights the Nubit team’s pioneering efforts to improve both the programmability and security of the Bitcoin network, addressing critical scalability challenges. SBC, a decade-old conference, is renowned for convening leading blockchain researchers and industry practitioners. The upcoming SBC’25 event, scheduled for August 4–6, 2025, at UC Berkeley, is co-hosted by IC3, Stanford’s Center for Blockchain Research, and UC Berkeley RDI, reinforcing its status as a premier forum for blockchain innovation.

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